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Thoma Bravo-Owned LogRhythm Announces Merger With Rival ExabeamΒ 

15 May 2024 at 13:45

Financial terms were not released but the price tag is expected to be hefty with Exabeam’s most recent valuation pegged at $2.5 billion.

The post Thoma Bravo-Owned LogRhythm Announces Merger With Rival ExabeamΒ  appeared first on SecurityWeek.

Ransomware Defense Startup Mimic Raises Hefty $27M Seed RoundΒ 

2 May 2024 at 12:11

A new Silicon Valley startup called Mimic is coming out of the shadows with a hefty $27 million seed-stage funding round led by Ballistic Ventures.

The post Ransomware Defense Startup Mimic Raises Hefty $27M Seed RoundΒ  appeared first on SecurityWeek.

Traceable AI Raises $30 Million to Safeguard Cloud APIs

1 May 2024 at 14:24

Traceable AI has raised $110 million since launching in 2018 with ambitious plans in the competitive API security and observability space.Β Β 

The post Traceable AI Raises $30 Million to Safeguard Cloud APIs appeared first on SecurityWeek.

Island Secures $175M Investment as Enterprise Browser Startups Defy Tech Giants

30 April 2024 at 12:26

Despite competitive pressures from industry behemoths like Microsoft and Google, investors are still betting big on startups in the specialized enterprise browser space.

The post Island Secures $175M Investment as Enterprise Browser Startups Defy Tech Giants appeared first on SecurityWeek.

BreachRx Raises $6.5M to Revamp Incident Response Reporting Systems

19 April 2024 at 13:14

Investors make an early-stage $6.5 million bet on BreachRx, a startup promising to shield cybersecurity executives from personal liability.

The post BreachRx Raises $6.5M to Revamp Incident Response Reporting Systems appeared first on SecurityWeek.

Miggo Security Gets $7.5 Million Seed Funding to Build ADR Technology

17 April 2024 at 10:54

YL Ventures leads an early stage funding round for Miggo Security, a Tel Aviv startup working on application detection and response technology.

The post Miggo Security Gets $7.5 Million Seed Funding to Build ADR Technology appeared first on SecurityWeek.

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